BNET Industries
Last Fiscal Year Sales:$26.9M
- Public
- US
Dow Jones Description
Gas & Oil Exploration Services
Number of Employees 6
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
News & Analysis
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whittier energy corp. - All News and Analysis
Sterling Energy Completes Acquisition of Whittier Energy
HOUSTON -- Whittier Energy Corporation announced that Sterling Energy plc has completed the acquisition of Whittier Energy today following approval by Whittier's shareholders yesterday. As a result of the merger, Whittier shareholders are entitled to receive $11.00 in cash for each share of Whittier Energy common stock. Information regarding...
Whittier Energy Stockholders Approve Merger with Sterling Energy
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) announced today that the proposed merger with Sterling Energy plc was approved at the special meeting of stockholders held today in Houston, Texas. The merger is expected to close tomorrow, March 28, 2007. Whittier announced that, based upon the preliminary tally of shares...
Sterling Energy's move on whittier.
Sterling Energy is acquiring Nasdaq-traded oil and gas company Whittier Energy for $145m (GBP74m) plus the assumption of $43m (GBP22m) in liabilities. Whittier operates projects in Texas and Louisiana, and also has other minor interests elsewhere. It will add just under 8m barrels of...
Whittier Energy Agrees to be Acquired by Sterling Energy PLC.
M2 PRESSWIRE-22 January 2007-Headline Maker: Whittier Energy Agrees to be Acquired by Sterling Energy PLCC1994-2007 M2 COMMUNICATIONS LTD RDATE:22012007 Whittier Energy Corporation (NASDAQ:WHIT) is an independent oil and gas exploration and production company headquartered in Houston, Texas, with operations in Texas,...
Whittier Energy Corp is Added to the Bellwether Watch list.
M2 PRESSWIRE-19 January 2007-Oil and Gas News: Whittier Energy Corp is Added to the Bellwether Watch listC1994-2007 M2 COMMUNICATIONS LTD RDATE:19012007 Whittier Energy Corp (NASDAQ:WHIT) is Added to the Bellwether Watch list Whittier Energy Corporation is an independent oil...
Whittier Energy Confirms Discussions With Sterling Energy plc Regarding Possible Acquisition
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) confirmed today that it is engaged in discussions with Sterling Energy plc (LSE:SEY.L) regarding a potential acquisition of the Company by Sterling. The Company said that there can be no assurance that these discussions will result in any transaction. The Company said that...
Whittier Energy Agrees to be Acquired by Sterling Energy PLC for Approximately $188 Million
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) announced today that it has entered into a definitive merger agreement with Sterling Energy plc (LSE:SEY.L) under which Sterling will acquire all of the outstanding shares of Whittier for $11.00 per share in cash resulting in aggregate merger consideration payable to Whittier equity holders...
Whittier Energy Announces 2007 Capital Expenditure Budget
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) announced today a $39 million capital expenditure budget for 2007. The Board of Directors of Whittier Energy Corporation has approved a capital expenditure budget for 2007 of $39 million. This represents an increase of approximately 19% over the $32.7 million dollar capital expenditure...
In- Depth Research On Whittier Energy Corp.
M2 PRESSWIRE-5 December 2006-Oil and Gas News: In- Depth Research On Whittier Energy Corp.C1994-2006 M2 COMMUNICATIONS LTD RDATE:05122006 In- Depth Research On Whittier Energy Corp. (NASDAQ:WHIT) A clever company, no doubt, Whittier Energy formerly Olympic Resources knows how to...
Whittier Energy Announces Third Quarter and First Nine Months of 2006 Results
127% increase in operating cash flow 88% increase in production HOUSTON -- Whittier Energy Corporation (Nasdaq:WHIT) today announced the financial and operating results for the third quarter and first nine months of 2006. Highlights include: * An increase of 33% in average net daily production to...
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